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Fit to Serve

By James C. Hormel and Erin Martin

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Tag: Mortgage Lenders

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Foreclosures Mean Big Money for Lenders

The Obama administration is trying to pressure mortgage companies to move quicker in lowering payments for homeowners facing foreclosure. But many observers believe lenders are dragging their feet because they collect lucrative junk fees on the delinquent loans.

Posted on Jul 30, 2009 READ MORE


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